Lincoln signs the National Currency Act

Tuesday

Feb 26, 2013 at 12:01 AM

Lincoln signs the National Currency Act

Liz Davis

February 26, 1863

Lincoln signs the National Currency Act

The National Currency Act of 1863 was signed into law by President Abraham Lincoln on February 25, 1863. This Act created the Office of the Comptroller of the Currency (OCC) which was responsible for organizing and administering a national banking system and uniform currency.